It is my pleasure to welcome you to the second annual conference of the European Systemic Risk Board (ESRB). The conference coincides with the tenth anniversary of the start of the global financial crisis in the summer of 2007. The crisis shook the European Union to the core, and required substantial policy actions to stabilise the economy and the financial system. With a return to stability having been achieved, it is important that we take time to reflect on what we have learnt, what we have achieved over the past ten years, and where we need to do further work. The crisis taught us that individual banks and the ... (full story)